Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Hong Kong shark fin imports halved since 2007 thanks to tighter regulations and shipping bans

byCT Report
09/03/2018
in Uncategorized
Share on FacebookShare on Twitter

CENTRAL: Between 2007 and last year, re-exports also dropped by three quarters, suggesting a “declining market for shark fin in mainland China”, WWF-Hong Kong said. Two-fifths of global shark fin stocks pass through Hong Kong to other destination markets.

The group called the results compiled from government data “promising” and an indicator that environmental campaigns, including mounting pressure on shipping companies to stop carrying the fins, as well as improved monitoring of shipping documents, were paying off.

Sharks have a very important role to play in balancing the ecosystem and some species are already facing catastrophic declines,” said Dr Andy Cornish, who leads WWF’s global shark and ray initiative. “A 50 per cent drop in imports [to Hong Kong] would have been felt by shark traders around the globe, and should result in less pressure on shark populations.”

In 2007, Hong Kong imported 10,210 tonnes of shark fins as conservation efforts began to pick up pace. By 2013, the city’s annual volume dropped to 5,412 tonnes and last year it was down to 4,979 tonnes. Re-exports also fell from 5,683 tonnes in 2007 to 1,434 tonnes in 2017.

Around 100 million sharks are killed every year mostly for their fins, but increasingly, for their meat as well, according to WWF.

The group urged more companies to go fin-free and for legal agencies to tighten enforcement.

You might also like

Goods transport body announces 5pc raise in fares after fuel price hike

01/05/2026

Govt announces reduction in jet fuel, kerosene prices

01/05/2026

Related Stories

Goods transport body announces 5pc raise in fares after fuel price hike

byCT Report
01/05/2026

ISLAMABAD: Pakistan Goods Transport Alliance President Malik Shahzad Awan has expressed strong reaction to the increase in the prices of...

Govt announces reduction in jet fuel, kerosene prices

byCT Report
01/05/2026

ISLAMABAD: The government has announced a reduction in jet fuel and kerosene prices, in contrast to an increase in petrol...

Pakistani ship carrying 80 million liters of diesel crosses Strait of Hormuz

byCT Report
01/05/2026

KARACHI: A Pakistani oil tanker carrying 80 million litres of diesel has successfully crossed the Strait of Hormuz and entered...

Aurangzeb reaffirms commitment to fostering collaborative environment with businessmen

byCT Report
01/05/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed the government’s commitment to fostering a collaborative and consultative...

Next Post

UAE inflation rises with new tax in Jan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.